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201701709
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Last modified
7/28/2017 2:31:49 PM
Creation date
3/20/2017 8:50:51 AM
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DEEDS
Inst Number
201701709
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2� 17� 17�9 <br /> by a lien wh�ch has griority o�er this Security lnstrumen�;�b}appea.rin�in court;and(�'�paying <br /> reasonable at�orti��s'fees to pratect i�s interest in the Propert�andlor rights under th�s Securit� <br /> Instrument, inctuding its s�cured position in a bar�kruptcy praceeding. Securing the Property�ncludes, <br /> but�s not limited t�,entc�ing th�Froperty t�make repairs�change l�cks,r�p�ace or board up doors and <br /> windaws,drain water�rom pipe�, �lim�na�e bui�din�or other code�iolation�ar dangerot�s conditi�ns, <br /> and have uti�ities turned on.or aff.Althaugh Lender may take ac�ion under this Section 9, Lender does <br /> not hav�to da so and is not under any duty or obligation to do so. It is agreed that Lender�ncurs no <br /> liabi�ity f�r not tal�ing any or al�a�ti�ns authori�ed under t�is Section 9. <br /> A�ny amounts disbursed by Lender under this Section 9 shali beco�rne addit�o�al debt of Tr3orrower s�cured <br /> by this Security�nstrument,These amflur�ts shal�bear interest a�the l�ote rate fron�the date of <br /> disbursemen�and sha1�b�payable,�aith such�nterest,upon n��icc from Lender ta Borro�er r�questing <br /> payment, <br /> If this Security Instrument�s on a leasehold, Barrower shall e�mply�vith atl the provisrons of the lease. <br /> If Borrower acquires fee title to the Praperty,the lease�otd aad the fee title shall no�mer�e un�es� <br /> Lender agr��s ta the merger in vvriting. <br /> �1�. Assignrnenta#Mis�ellaneausPro�$eds;Forfe�ture.A11 Miscell�.neous Praceeds are he�e'by <br /> assi�ned to and sha��be paid to Lender. <br /> �f the Property is damaged,such Miscellaneous Prac�eds sha��be app�ied to restoration or repair of the <br /> Property, if the restoration ar repair�s econamxca��y feasible and Lender's security is not�essenecl. <br /> Dur�n�se�ch repair and re�taration periad,Lender shali hatire the ri��it ta�ald such M�scel�aneous <br /> Proceeds until Le�nder has had an oppor�unity to inspect such Praperty to ensur�the work ha�been <br /> completed to Lender's sat�sfaction,pro�ided�hat such rnspection shall be undertaken prompt�y. Lender <br /> rr�ay pay for th�repairs and restoration in a sing�e disbursemen�or Yn a ser�es of progress payments as the <br /> work is�o�npleted.Unless an a�reement xs made in writing or App�icabie Law requires interest to be <br /> paid on such Miscel�aneous proceeds, Lend�cr sha�l not be rcquired to pay Borrower any intcrest or <br /> earnings on such Miscellaneaus Proceeds. If the restorat�on or repair is not econamica.11y feasible or <br /> Lender's securrty wauid be lessened,the Miscellaneous Praceeds shall be appiied to the sums secured b3� <br /> th�s Securzty�nstrument,whether or not ther�due,��ith the ex�ess, if any,paid to Barrow�r. 5uch <br /> Mi�cellaneaus Procceds sha�l b�app��ed in the�rder provided far in Sccti�n 2. <br /> In the e�ent of a tat�.�takingy C��S��'UC�1�I1,or l�ss in��a�ue af the�'roperty.the Misc���ane�us Prac�ec�s <br /> sha�1 be applied to the sums secured b�this Se�urit3r�ns�rument,�vhether or not the�.due,vvi�h the <br /> �xces�, �f any,paid to Barrower. <br /> In the e�ent of a partia�ta.kin�,destruct�on,Ur loss in�alue of the PrQperty in which the fair market <br /> va�ue of the Property immediately before the partiai�aking,destru�tXon,or�ass�n�aiue is equal tQ or <br /> gr�ater tha�the amaunt o�'the sums secu�'�d by this Securxty�nstrument immediately befare the partial <br /> t�.king,destructi�n,or�oss in�alu�,un�ess Barrower and Lender othervvi�e agree zn writi�g,the sums <br /> secured by th�s Sec��rity�nstr��men�shali b�reduced by the amount of the Miscellaneous Pr��eeds <br /> mult�pli�d by the fo�lawing�raction: (a}the tQtal am�un�of the sums secured immed�ately before the <br /> partial taki�g,destruction,or�oss i�.�a�ue di�ided by�b}the fair market vaiue af the Proper�y <br /> imm�diat�ly before the partial tal�ing,destruction,�r toss in��alu�.Any baianG�sha�l be paid to <br /> � F3orrotiv�r. <br /> FHA Qeed afi Trust W�th MERS-NE 913Q12414 <br /> Banfcers SystemsT� VMP� VNIP4N(NE](15�fi}.� <br /> 1Naiter�K]uwer Fir�ancial 5ervic�s Page 9 af�7 <br /> q03373�1�$9� ��33 331 4g17 <br />
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